According to the Bureau of Labor Statistics, the unemployment rate for black Americans plunged back to near-record lows in February, after it had risen in January. The February jobless rate among black Americans fell to 6.9%, almost as low as December’s 6.8%, which was the lowest the agency had ever recorded since it started keeping the statistic in 1972. Before December’s record-breaking low, the previous low had come in April 2000, when it registered at 7%.
The black unemployment rate had spiked to 7.7% in January. In November, unemployment also hit a record low for Hispanic Americans; in February, Hispanic unemployment was only one-tenth of a percentage point above the historic low.
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